Notice of Adoption - New Regulations 1-1-10, 4-2-87, 4-2-88, 4-2-89 and Amended Regulation 4-2-67

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The Division would like to provide notice that the Commissioner has adopted the following new and amended regulations:

The purpose of this regulation is to ensure compliance with the requirement for insurance companies engaged in the business of insurance in this state to maintain a registered agent in the state as required by § 10-3-107, C.R.S. The appointment of a registered agent in accordance with this regulation will also apply to insurers’ obligations under § 10-3-1117, C.R.S.

The purpose of this regulation is to establish the minimum coverage requirements for carriers offering occupational accident insurance coverage pursuant to § 40-11.5-102(5), C.R.S.

The purpose of this regulation is to align Colorado law with the federal “No Surprises Act”, Pub. L. 116-260, as amended, pursuant to the Commissioner’s rulemaking authority, and to increase price and quality transparency by removing gag clauses on information for plan sponsors and group and individual consumers.

The purpose of this regulation is to align disclosure requirements related to insurance producer compensation for health insurance carriers offering individual health benefit plans or short-term limited duration health insurance policies under the federal “No Surprises Act”, Pub. L. 116-260, as amended, with Colorado law.

The purpose of this regulation is to establish requirements for carriers to provide disclosures concerning a covered person’s financial responsibility for emergency and non-emergency services rendered by out-of-network providers.

These regulations will become effective on November 30, 2022.

Regulations that have been adopted, but are not yet effective can be found on the Division's Regulations Adopted but Not Yet Effective website.